After the last time I wrote about being a Product Manager, I realized I was being a bit pithy and the message got a bit lost. So here it is again more directly and succinctly:
“My job as a Product Manager is to ensure that my team is working on the highest value opportunities. To do this successfully I have to accumulate, interpret and share information from our customers, competitors and leadership.”
That’s it, that’s the job.
Clearly there is a lot of details here but I tend to break up how I approach this work as follows:
- Create clarity – Clearly explain what problem you are attempting to solve, or feature you are trying to develop, this should include an idea of the impact it will have on customers.
- Define goals – Define how you intend to measure success. Is it more users? more clicks? Improved satisfaction?
- Develop a customer journey – You need a way to quickly articulate how this product or feature takes the customer from a known problem to some successful outcome.
- Show business value – Help speak to the business value, that is, how it helps generate or improve revenue streams?
- Execution strategy – This answers how you will build the widget. You will need contributions from engineering, management and leadership to ensure this is feasible from a cost and overall strategy perspective.
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